Raytheon [RTN] yesterday said that Lynn Dugle, currently vice president and deputy general manager of the company’s Intelligence and Information Systems (IIS) business, will become the division’s next president effective Jan. 1, 2009.

Dugle will succeed Mike Keebaugh who plans to retire on Dec. 31 after 40 years in the industry. Keebaugh has been president of the $2.7 billion IIS division since August 2002.

Dugle came to her current position at IIS in June after serving as vice president, Engineering, Technology and Quality at Raytheon’s Network Centric Systems division beginning in April 2004. In that position she was responsible for strategic direction, leadership and operations.

Prior to joining Raytheon, Dugle held executive positions at ADC Telecommunications [ADCT], including leadership of teams in Europe and the Asia- Pacific regions. She began her career in 1982 at Texas Instruments [TXN] as a program engineer.

“Lynn brings tremendous strength in technology leadership, international expertise, Mission Assurance and operational excellence to her new role at IIS,” William Swanson, Raytheon’s chairman and CEO, said in a statement.